Quote from: edward500 on Today at 04:11:57 PM

Quote from: thecodebear on Today at 02:33:50 PM

Wow Bitcoin $60k now! Up $9k in the past 48 hours lol, that's insane. And less than $9k to go to the ATH.

MicroStrategy bitcoin holdings up over $11.5 billion now. As we all knew, and everyone outside the bitcoin community mocked and derided, Saylor's strategy of putting his company on a bitcoin standard and DCA'ing consistently is incredibly successful.

Elon yeah he's kind of an idiot outside of being an entrepreneur. He promotes a useless meme coin, while buying Bitcoin with Tesla only to dump it fairly quickly. Tesla still has I think like a fifth of what they bought 3 year ago, while they should have held on to everything they bought and picked up more during the bear market (if Musk was smart). He also bought Twitter on an pure ego trip only to immediately crater it with his hairbrained ideas. He's also a right wing conspiracy nut when it comes to politics/culture now. When it comes to cryptocurrencies he's nothing more than an altcoin shill. Outside of the realm of entrepreneurship the guy isn't very bright. He's kind of a joke/disgrace these days, just a very rich one.

Anyway back to price action....up $9k in 48 hours, I gotta think we're gonna see a solid pullback in March. I'd expect a trip back down to low $50,000s at some point in March. Maybe then going for the ATH in April around the time of the halving.

I wouldn't call him a nut because, what has he said that is nutty? Using conspiracy nut is just a way to discredit him without any hard facts. I actually agree with his thoughts and conspiracies as they make logical sense. I'm sure you will not be able to tell me what you consider nutty or conspiracy about his thoughts. You probably just don't agree with him having conservative views or questioning your liberal world views, so that is why you don't like him. Like I have said to others, if you don't like him because of his politics then say it, "I don't like musk because he is conservative and I'm a left wing leftist", as that would be the honest thing to say. But don't try and push it off as he is a nut, or a conspiracy theorist without backing it up with facts.

That being said, I think he was a nut for selling all his Tesla bitcoin at the time and not buying any back, although his reasoning I believe was that he went through bad market declines in the past and did not want to go though it again with little money, so he sold his Tesla bitcoin at what he paid for it, for safety reasons, to make it through a recession.

He isn't stupid, he has probably purchased a lot of it towards the lows and has not told anyone about it.

lol, you literally just said he's not a conspiracy nut because you agree with his conspiracy nuttiness haha. So yeah I wouldn't expect a fellow conspiracy nut to count his loony views against him. The facts are all out in public, you simply agree with him. He's been saying and doing crazy stuff for years now. Not my fault you agree with that sort of craziness. That's on you. I was just pointing out that, among other things, he's turned into a right wing conspiracy nut (which extreme right wingers are very well known for) the past 5 years or so. That's a fact. You also admitting to be a conspiracy nut doesn't make him not one haha :p

To the normal rational moral ethical person who isn't some political extremist and conspiracy theorist, Musk is a loon and a joke these days. Got nothing to do with, as you say, "left wing leftists" lol. As I am certainly no leftist as I find people who actually describe themselves as leftists (not people who conservatives describe as leftists because that's literally anyone who isn't an extreme right wing radical) as very naive often with their hearts in the right place but with very bad actual policy ideas. Though I'm sure anyone who thinks like Musk would call me one simply for not being a right wing conspiracy nut lol, but that's their own problem. But sure there are millions of people who, sadly, think the exact same way he does. You apparently are one of them, which you freely admit so I'm just taking your word on that. As Kellyanne Conway perfectly described back in 2017 the worldview of conservatives is "alternative facts", where they simply separate themselves from reality so that they can play make believe and then nothing they say contradicts anything because their minds are living in an imaginary world where anything is justified and has no relation to reality.

Anyway, enough politics. I just thought it was hilarious that someone actually attempted to say Musk isn't a nut, and your defense was because you believe the same nutty conspiracy theories hahaha. Thanks for the fun laugh this morning. Now go back to buying Bitcoin!